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TritonTheBillionaire
Jan 18, 2021 2:25 PM

SURGUTNEFTEGAS PJS bearish swing to $30.10 Short

MOEX:SNGS1W
SurgutMOEX

Description

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One of the limits for the year has been triggered by this stock so I am short the stock.

I typically close instruments based on weekly close so a weekly close above $38.40 is my reason to close and potentially switch sides.

This trade will be held for weeks once it goes into profit.

I got filled at $36.11 with a SL of $39 with a target of $30.10

This is for entertainment purposes only.
Trading come with risk and you should consult a financial advisor for financial advice.

Trade active

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Comment

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Manually closing this trade at a $1.70 per share profit. No longer fits requirement of long term swing.

Trade closed manually

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Beyond Technical Analysis
Comments
jim17737
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Surgutnefgas have 4000 bilion rubels in cash, q3 ernings is op 100% from q2, gas price is op 100% last 30 dayes. to go chort is brave bout you rist it go to the skye on daye as funtementals is busking op
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